InvestTalk with Tim Mugglestone and Eu Joe Chan


Information for advice professionals only.

In this episode of Invest Talk we discuss the Liquid Alternatives asset class and the role it plays in portfolio construction. Tim Mugglestone is joined by Eu Joe Chan – Portfolio Manager in BT’s Income and Alternatives Team. Tim and Eu Joe look at how the asset class has changed over the past decade and its importance as a diversifying element within modern portfolios.

Eu Joe Chan – Portfolio Manager, BT Income and Alternatives, BT Investment Solutions

Eu Joe joined BT Investment Solutions in July 2017 as Portfolio Manager reporting through to Dan Park, Head of Income and Alternatives. Eu Joe’s main responsibilities are the day-to-day management of the underlying portfolios including cash flow management, reviewing and ensuring managers are operating within their mandate constraints and resolving compliance/operational issues. He is also responsible for driving sector reviews, manager research, due diligence and portfolio construction analysis. 

Prior to BTIS, Eu Joe was a Senior Investment Analyst at Perpetual where he was directly responsible for the management of their in-house multi-manager products with a specific focus on both traditional fixed income and alternative assets. He also has a strong direct credit research background, in particular in hybrid securities.  Eu Joe has 17 years of investment experience and has a Masters of Applied Finance and Investments (FINSIA), Bachelor of Commerce, Bachelor of Engineering & Masters of Commerce (University of Sydney). He is also a CFA Charter holder and has completed the CPA program. 

You can also access this podcast via Soundcloud.

This podcast explores how this calendar year has seen global equities drop 35.8% from their pre-pandemic high but have since recovered 52.4%, a drop from the February high of 2.4%.

With FASEA’s consultation on proposed changes to Standard 3 of the Code of Ethics underway, we look at the options proposed to see whether they deliver the certainty advisers are looking for.
We discuss three recent developments that impact the world of financial advice and financial advising. These are the passage of the Better Advice Bill, the introduction of legislation around the 2021 Federal Budget superannuation announcements, and the current FASEA led consultation on Standard 3 of the FASEA Code of Ethics.

Things you should know: This commentary has been prepared by Westpac Financial Services Limited for use by advisers and must not be made available to any client. The commentary provides an overview only and should not be considered a comprehensive statement on any matter or relied upon as such. Projections given are predicative in character and whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This commentary may also contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of, or endorses any such material.